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Published on Friday, August 8, 2014 | Updated on Friday, August 8, 2014

Weekly Regulation Update

Publication Documents and files Authors

Summary

EUROPE Banco de Portugal applies a resolution measure to Banco Espiríto Santo (BES) It has been split into: (i) Novo Banco (a recapitalised bridge bank ready for sale) with depositors, holders of senior debt and most of the assets, and (ii) BES, which will bundle together the problem assets and will be […]